Blog:EU shuts down EUR125m emergency fund for producers

The EU Commission says it will roll out a "more targeted scheme" after stopping the EUR125m fund for producers

Just days after Copa-Cogeca's groans the EU's measures to support fruit and veg producers after Russia's import ban were "not nearly enough", the European Commission has put a temporary halt on the measures citing "a disproportionate surge in claims".

However, last night, Brussels said there has since "been strong interest" from the sectors concerned but revealed the fund has now been closed. The figures submitted for some products are "several times higher than the total EU average annual exports to Russia". As a result it is now looking at proposing "a more targeted scheme".

EU commissioner for agriculture and rural development Dacian Ciolos said today (11 September): "The European Commission remains committed to support those producers who have suddenly lost an important market because of the Russian measures. I intend to present a new scheme in the coming days which is more targeted and efficient and which will continue on from this scheme."

The plethora of food manufacturing associations in the UK has been argued by some to be an impediment to the industry coming to a coherent position on the aftermath of Brexit and on what the sector sh...

Ask any FMCG executive to list the trends shaking up the sector and digital and e-commerce will be pretty high on the list. Drill down into that and Amazon will be one of the subjects in the digital s...